Latest Guy Carpenter Headlines
All the headlines from our Guy Carpenter Topic Page, ordered by recency.
Guy Carpenter Analyzes Q1 Cat Bond Market Activity
Apr 15 2009 // “The catastrophe bond market is weathering the effects of the global financial downturn while maintaining a strong issuance pipeline for the remainder of 2009,” according to a briefing published on...
Guy Carpenter Names Five New Execs for Boston Office
Apr 14 2009 // The Boston office of risk and reinsurance specialists Guy Carpenter & Co. has appointed five new five new senior brokers. Kathleen McCann has been named managing director. She joins Guy Carpenter from Aon Benfield,...
Guy Carpenter Completes Acquisition of John B. Collins Associates
Apr 9 2009 // Guy Carpenter & Co. LLC completed the previously announced acquisition of John B. Collins Associates Inc. The acquisition of Collins, the fifth largest reinsurance intermediary in the United States and seventh largest...
Guy Carpenter: Rates Rising on U.S. Property Catastrophe Reinsurance
Apr 7 2009 // A new industry briefing shows reinsurance rates continuing to increase for the U.S. property-catastrophe reinsurance market for April 1, 2009 renewals. According to Guy Carpenter & Co.’s “Rates Up on...
Business Moves
Mar 23 2009 // BrickStreet Mutual Workers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief Executive Officer Greg Burton says...
Reinsurance Broker Guy Carpenter to Acquire Collins
Mar 2 2009 // Guy Carpenter Co., a leading risk and reinsurance specialist, has agreed to acquire John B. Collins Associates, Inc., a privately-held company and the seventh largest reinsurance intermediary in the world. Guy Carpenter...
Marsh & McLennan Profits Up for 2008; Down 9% in Q4
Feb 11 2009 // Marsh & McLennan Companies Inc. reported profits were up 4 percent for the full year 2008, but fourth quarter revenue was down some 9 percent over the previous year’s quarter. In the fourth quarter 2008,...
Report Finds Cat Bond Market Resilient in Financial, Property Catastrophes
Feb 4 2009 // Catastrophe bonds withstood the impact of onerous market forces in 2008, brought on by turmoil in the global capital markets, according to a new briefing on catastrophe bond market activity. The cat bond market update,...
Marsh Reports Q3 Loss
Nov 5 2008 // Marsh & McLennan reported an $8 million loss in the third quarter. For the third quarter last year, when it sold Putnam Investments, MMC reported net income of $1.9 billion. The company said it is pleased with the...
Rendezvous Roundup: Guy Carpenter; Aon Global Re; Munich Re
Sep 8 2008 // The Annual Reinsurance Rendezvous in Monte Carlo convened this weekend amid concerns over the ongoing credit crisis, the softening of the market and the onslaught of storms in the Caribbean. The current climate for the...
Marsh’s Aviation Reinsurance Team to Join Guy Carpenter
Jun 24 2008 // Marsh has announced that its aviation reinsurance team will join Guy Carpenter, also an MMC company, which specializes in all aspects of reinsurance, by the end of 2008. When the process is completed, 29 Marsh colleagues...
Survey: Program Market to Remain Vibrant in 2008
May 21 2008 // The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and rate profitability, according to a new industry survey...
People
Apr 21 2008 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Michael LaRocco president and CEO. He will report to Chuck Kavitsky, president and CEO of Allianz of America, parent of Fireman’s Fund, and will also...
Leadership Switches at Guy Carpenter
Feb 28 2008 // Guy Carpenter & Co., the reinsurance services subsidiary of Marsh & McLennan Cos. Inc., has named a new chief executive officer and a new chairman, the company said. Peter Zaffino will assume the CEO role –...
People
Feb 10 2008 // Susan Doyle has been named president and COO of Wisconsin-based Wausau Insurance, part of the commercial markets business unit of the Boston-based Liberty Mutual Group. Doyle replaces Mark Fiebrink, who retired. Doyle...
Guy Carp Names 3 New Executive Committee Members
Jan 25 2008 // Guy Carpenter & Company has named Nick Frankland, Andrew Marcell and Ryan Ogaard to its Executive Committee. The Committee is “responsible for developing the firm’s strategic plan, setting budgets,...
Guy Carp to Open Prague Office
Jan 15 2008 // Guy Carpenter & Company, announced that it will be opening an office in Prague on March 1, 2008, to further develop business and serve clients based or conducting business in the Czech and Slovak Republics. The new...
Guy Carpenter Publishes Official 2008 Reinsurance Review
Jan 11 2008 // Guy Carpenter & Company has released its “2008 Reinsurance Market Review: Near Misses Call for Caution.” The report presents a comprehensive review of global market conditions as of the January 1, 2008...
Guy Carpenter Publishes Reinsurance Review
Jan 3 2008 // Guy Carpenter greeted the new year with the publication of “Near Misses, Plentiful Reminders: Global Reinsurance Review January 2008,” which it describes as a “briefing on the major trends driving pricing...
Guy Carp Publishes UK Flood Report
Dec 14 2007 // Guy Carpenter & Company, LLC has published “Wrong Type of Rain: Impact and Implications of 2007 UK Floods,” an in-depth analysis on the extensive flooding that caused severe damage in north-eastern England...
